Analysts’ Top Industrial Goods Picks: Airbus Group SE (EADSF), Allegiant Travel Company (ALGT)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Airbus Group SE (EADSF) and Allegiant Travel Company (ALGT) with bullish sentiments.

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Airbus Group SE (EADSF)

In a report released today, Ian Douglas from UBS maintained a Buy rating on Airbus Group SE, with a price target of EUR236.00. The company’s shares closed last Wednesday at $228.94.

According to TipRanks.com, Douglas is ranked #387 out of 12377 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Airbus Group SE with a $243.30 average price target, representing a 6.3% upside. In a report issued on June 30, Barclays also maintained a Buy rating on the stock with a EUR220.00 price target.

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Allegiant Travel Company (ALGT)

In a report released yesterday, Brandon Oglenski from Barclays resumed coverage with a Buy rating on Allegiant Travel Company and a price target of $145.00. The company’s shares closed last Wednesday at $108.26.

According to TipRanks.com, Oglenski is a 5-star analyst with an average return of 9.0% and a 55.7% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and United Airlines Holdings. ;'>

Allegiant Travel Company has an analyst consensus of Moderate Buy, with a price target consensus of $131.20, which is a 19.3% upside from current levels. In a report issued on July 1, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $156.00 price target.

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• Jefferies’ Lemarie Reiterates Hold on Airbus as Operational Momentum Strengthens, Price Target Unchanged at $185
• FAA prepping aircraft safety technology mandate, WSJ reports
• Airbus to get EUR 3B loan from European Investment Bank
• AerCap delivers first of three Airbus A321neo aircraft to Azerbaijan Airlines
• 3M, Airbus sign long-term supply agreement